On April 1, The Red Velvet Bakery signed a $8400 bank note with a simple interest rate
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On April 1, The Red Velvet Bakery signed a $8400 bank note with a simple interest rate of 4.5% for 180 days. The company made a partial payment of $2900 on June 1. How much will the bakery owe on the date of maturity?
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Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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